China's No. 1 Domestic PA Stock—Weijie Chuxin Debuts on the STAR Market | Chenkun Family


Release date:

2022-04-12

On April 12, 2022, "Weijie Chuangxin," an investee company of Kunqiao Capital—a sub-fund backed by the mother fund managed by Yuanhe Chenchun—made its debut on the STAR Market of the Shanghai Stock Exchange, with stock code: 688153.

April 1 2 Today, "Weijie Chuangxin," an investee company of Kunqiao Capital—a sub-fund backed by the master fund managed by Yuanhe Chencun—officially listed on the STAR Market of the Shanghai Stock Exchange, with stock code: 688153.

Founded in 2010, Weijie Chuangxin is primarily engaged in the R&D, design, and sales of RF front-end chips. Deeply rooted in the specialized RF front-end segment, Weijie Chuangxin mainly provides customers with RF power amplifier (PA) module products, while also supplying RF switch chips, WiFi RF front-end modules, and receiver modules—comprehensive integrated circuit solutions widely used in a variety of wireless communication-enabled devices, including smartphones, smart wearables, wireless routers, and tablets. The company’s chip designs now cover all communication frequency bands from 2G to 5G, and its 4G RF power amplifier products rank first in shipment volume among domestic manufacturers. Additionally, Weijie Chuangxin has established a state-of-the-art 5G RF front-end product testing and R&D center, capable of conducting cutting-edge testing and development for next-generation 5G RF front-end solutions. As a result, the company is widely recognized as a key player in the RF power amplifier industry within China.

Currently, Willsemi's RF front-end products have undergone extensive, long-term application validation by customers and are now widely integrated into smartphones and wearable devices from global leading mobile brands such as Xiaomi, OPPO, vivo, and Honor.

Weijie Chuxin plans to raise 2.487 billion yuan through its IPO on the STAR Market, with funds primarily earmarked for integrated circuit production and testing, the construction of a research and development center, and the replenishment of working capital.

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